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  • Question
  • The Insolvency and Bankruptcy Board of India (IBBI) handles cases using-


  • Options
  • A. National company law tribunal
  • B. Debt recovery tribunal
  • C. Securities Appellate Tribunal
  • D. Only a and b

  • Correct Answer
  • Only a and b 

    Explanation

    The Insolvency and Bankruptcy Board of India (IBBI) is the regulator for overseeing insolvency proceedings and entities like Insolvency Professional Agencies (IPA), Insolvency Professionals (IP) and Information Utilities (IU) in India. It handles the casesusing two tribunals like NCLT (National company law tribunal) and Debt recovery tribunal.Current chairman of IBBI is M. S. Sahoo


  • Basic General Knowledge problems


    Search Results


    • 1. The Wassenaar Arrangement has decided to admit India as its new member. Which of the following is correct with respect to the Wassenaar Arrangement?

    • Options
    • A. It is a non-government organization
    • B. It is a multilateral export control regime
    • C. It promotes transparency and greaterresponsibility in transfer of conventional arms& dual-use goods & technologies
    • D. Both B & C
    • Discuss
    • 2. According to the ?World Inequality Report 2018?, released by World Inequality Lab based in Paris, which of the following country has the Highest Income Inequality?

    • Options
    • A. Pakistan
    • B. Bangladesh
    • C. India
    • D. China
    • Discuss
    • 3. Who among the following has been appointed as New Chairman of National Anti-Profiteering Authority (NAAP) under Goods & Services Tax (GST)?

    • Options
    • A. BN Sharma
    • B. Ansul Gupta
    • C. Shravan Choudhary
    • D. NK Sharma
    • Discuss
    • 4. Recently, Prime Minister Narendra Modi has inaugurated the 60-megawatt Tuirial Hydroelectric power project. The project is being constructed in which of the following state?

    • Options
    • A. Sikkim
    • B. Assam
    • C. Meghalaya
    • D. Mizoram
    • Discuss
    • 5. Which of the following Cryptocurrency Dealers launched India?s first mobile ?Bitcoin trading' app for transacting in virtual currencies?

    • Options
    • A. EtherDelta Exchange
    • B. BitFin Exchange
    • C. Venus Exchange
    • D. Pluto Exchange
    • Discuss
    • 6. Which of the following produces the most solid waste ?

    • Options
    • A. Agriculture
    • B. Nuclear Power Plants
    • C. Manufacturing
    • D. Packaging Industry
    • Discuss
    • 7. Who among the following inaugurated the Dr. A.P.J. Abdul Kalam Memorial in Rameswaram?

    • Options
    • A. Narendra Modi
    • B. O. Panneerselvain
    • C. Pranab Mukheijee
    • D. K. Palaniswami
    • Discuss
    • 8. Which is the longest national highway in India?

    • Options
    • A. NH4
    • B. NH44
    • C. NH10
    • D. NH5
    • Discuss
    • 9. Which country will chair the 2019 summit of the Association of Southeast Asian Nations (ASEAN)?

    • Options
    • A. Japan
    • B. Singapore
    • C. China
    • D. Thailand
    • Discuss
    • 10. Lok Adalat is one of the alternative dispute redressal mechanisms, it is a forum where disputes/cases pending in the court of law or at pre-litigation stage are settled/ compromised amicably. What is the minimum charge to file a case in a Lok Adalat?

    • Options
    • A. no court fee
    • B. Rs 10
    • C. Rs 50
    • D. Rs 05
    • Discuss


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